Monday, August 7, 2017
WATCH: 38,000-Tonne ‘Mariner A’ Topside Installed Off Scotland
News

WATCH: 38,000-Tonne ‘Mariner A’ Topside Installed Off Scotland

Norwegian energy company Statoil has completed the installation of the 38,000-tonne topside of its Mariner A production, drilling and quarters (PDQ) platform

August 7, 2017
Total Views: 129

Shipping News

Australia Finds U.S. Military Aircraft that Crashed Off Coast

By James Regan SYDNEY, Aug 7 (Reuters) – An Australian Navy survey ship has located a U.S. military aircraft that crashed off the Australian northeast

August 7, 2017
Total Views: 45

ship's bridge
Interesting

Cyber Threats Prompt Return of Radio for Ship Navigation

By Jonathan Saul LONDON, Aug 7 (Reuters) – The risk of cyber attacks targeting ships’ satellite navigation is pushing nations to delve back

August 7, 2017
Total Views: 140

Bulker under construction at Yangzijiang Shipbuilding in China
News

From Worst to Best: A Shipbuilder’s Fortunes Turn Around

By Krystal Chia and Livia Yap (Bloomberg) — A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock in 2016 become its

August 7, 2017
Total Views: 66

Globalization Thrives in Asia as Export Revival Buoys Growth
News

Globalization Thrives in Asia as Export Revival Buoys Growth

By Enda Curran and Michael Heath (Bloomberg) — For all the talk of globalization’s retreat amid the mercantilist rhetoric of Donald Trump, it’s

August 7, 2017
Total Views: 16

Friday, August 4, 2017
hyundai containership
Shipping News

Report: South Korea’s Shipping Lines to Form Alliance

South Korea’s shipping companies are preparing to launch a domestic shipping alliance to help the nation better compete in the global container shipping

August 4, 2017
Total Views: 35

cma cgm ship
News

CMA CGM Ship Order Could Send Ripples Across Tradelanes as Rates Strengthen

By Mike Wackett (The Loadstar) – CMA CGM’s potential order of up to nine 22,000 teu ultra-large container vessels (ULCVs) is sending a message to

August 4, 2017
Total Views: 30

GoPro: Hellenic Coast Guard Rescues Crew from Sinking Superyacht
Interesting

GoPro: Hellenic Coast Guard Rescues Crew from Sinking Superyacht

Check out this GoPro video shot by the Hellenic Coast Guard during a 2012 rescue of 8 crew members from the sinking superyacht Yogi. We actually covered this

August 4, 2017
Total Views: 141

blockchain technology in shipping
News

Blockchain Technology: Friend or Foe?

MTS Logistics is a C-TPAT and ISO9001:2008 certified NVOCC specializing in LCL, FCL, and project sea freight shipments. With the help of their global agency

August 4, 2017
Total Views: 55

ship bunkering
Shipping News

Shell Mulling Using German Refinery to Meet 2020 IMO Low Sulphur Fuel Rules

LONDON, Aug 4 (Reuters) – Royal Dutch Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an

August 4, 2017
Total Views: 28

vlcc tanker
News

Middle East VLCC Rates Set to Fall to New 2017 Low in Over Tonnaged Market

By Keith Wallis SINGAPORE, Aug 4 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes from the Middle East could fall to a new

August 4, 2017
Total Views: 89

jakarta port. Photo: Creativa Images / Shutterstock.com
Ports

Jakarta Port Strike Hits Biggest Terminal Operator

JAKARTA, Aug 4 (Reuters) – More than 600 workers at Jakarta’s Tanjung Priok port have gone on strike and could extend the action until Aug. 10,

August 4, 2017
Total Views: 130

Thursday, August 3, 2017
offshore drilling rigs
Shipping News

$50 Oil Boosts Offshore Drillers’ Hopes of Comeback

By David Wethe (Bloomberg) — The “magic” of $50 oil is now in the sights of deep-sea drillers as they try to lure customer spending from shale wells

August 3, 2017
Total Views: 23

Nine Missing After Mercosul Line Containership Collides with Tug and Barges on Amazon River
Interesting

Nine Missing After Mercosul Line Containership Collides with Tug and Barges on Amazon River

A containership operated by Brazilian shipping company Mercosul Line was involved in a serious collision with a tug pushing barges down the Amazon River on

August 3, 2017
Total Views: 128

mol comfort disaster
Shipping News

Insurers Grow Anxious as Containerships Get Bigger and Cargo More Valuable

By Mike Wackett (The Loadstar) – With CMA CGM reportedly ready to sign a letter-of-intent for nine ultra-large container vessels (ULCVs) of 22,000 teu,

August 3, 2017
Total Views: 322

CMA CGM Preparing Order for 22,000 TEU Containerships -Reports
News

CMA CGM Preparing Order for 22,000 TEU Containerships -Reports

CMA CGM is rumored to be on verge of placing a massive order for the construction of up to nine 22,000 TEU containerships, which if built would be the

August 3, 2017
Total Views: 92

NYK car carrier
Shipping News

Australia Fines NYK $25 Million for ‘Criminal Cartel Conduct’

The Federal Court of Australia has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct and ordered it to pay a

August 3, 2017
Total Views: 118

INS vikrant launch
News

Cochin Shipyard’s $231 Million IPO Showing Signs of ‘Strong Interest’

Aug 3 (Reuters) – Cochin Shipyard Ltd’s initial public offering, which aims to raise up to 14.68 billion rupees ($231 million), was subscribed more

August 3, 2017
Total Views: 47

dry cargo ship
News

Baltic Dry Index Tops 1,000 Points

Aug 3 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, boosted

August 3, 2017
Total Views: 23

Wednesday, August 2, 2017
anti-piracy barbed wire on merchant vessel
Shipping News

Pirates Kidnap Five from Cargo Ship Off Nigeria

Pirates purportedly kidnapped five crew members from a cargo ship off the coast of Nigeria on Sunday. The International Maritime Bureau’s Piracy

August 2, 2017
Total Views: 86